Half of UK growth businesses back second Brexit referendum

Limited enthusiasm for May's deal

Half of UK-domiciled growth businesses would back a second referendum on the UK's membership of the European Union, research conducted by investment firm BGF suggests.

A poll of nearly 200 CEOs or chairs of small- to mid-sized businesses with plans to expand in 2019 found just 46.8% of respondents support the deal put forward by Prime Minister Theresa May. Bond funds shed £1.6bn in October amid worst retail outflows since EU referendum May's deal is being put before Parliament on 11 December, with the proposition facing opposition from all sides of the House of Commons. However, according to BGF, an overwhelming majority 75% of UK growth businesses back May's deal when compared to a no-deal Brexit. Despite limited support for the deal itself, ...